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Mastercard World Elite benefits you probably don’t know about
Did you know that you may have credit card benefits you don’t even know about? Check and see if your card has a Mastercard World Elite emblem on it…if it does, you may have a bunch of benefits included. Let’s take a look!
Mobile Phone Insurance
File this under… may apply to your card. Many Mastercard World and World Elite credit cards have mobile cell phone insurance. You’ll need to check with your specific card, but here is a link to the full benefits. For instance, The Bilt Rewards Mastercard World Elite and the Chase Freedom Flex are two no annual fee cards that have it whereas none of the Chase IHG cards have it any more.
You can check your credit card number here
C. Coverage limitations: Coverage for a Stolen or damaged Eligible Cellular Wireless Telephone is subject to the terms, conditions, exclusions, and limits of liability of this benefit. The maximum liability is $600 per claim for World Mastercard, and $1,000 per Covered Card per 12 month period. Each claim is subject to a $50 deductible. Coverage is limited to two (2) claims per Covered Card per 12 month period. Coverage is excess of any other applicable insurance or indemnity available to you. Coverage is limited only to those amounts not covered by any other insurance or indemnity. In no event will this coverage apply as contributing insurance. This “noncontribution” clause will take precedence over a similar clause found in other insurance or indemnity language.
Lyft Take 3 rides get $5 a month credit
Here’s the deal:
- Enroll here
- Every month that you take 3 rides with Lyft and pay with your World Elite Mastercard…you’ll get a $5 credit towards future rides
- $5 credit expires after 30 days
- Runs until September 30th, 2022
Click the Image to Enroll
3 months free DashPass
How it works:
- Get 3 months free, then it automatically renews for $9.99 a month
- Cancel anytime
- Get $0 delivery fees when you order over $12
- Groceries over $25
- Avail until 9/30/22
Get 2 day shipping via ShopRunner
ShopRunner isn’t associated every store, but you’ll see it quite often, and I use it all the time with Saks Off 5th and Bloomies.
Fandango/VUDU:
Personally I still love going to the movies, getting my popcorn, a frozen coke and escaping for a couple of hours. If you pay with your World Elite Mastercard, for every $20 you spend, you’ll earn $5 in Fandango Rewards. Not too shabby!
- You need to have a Fandango VIP account which is free and then order your tickets while logged in with your eligible World Elite Mastercard
Here’s a list of common World Elite Mastercards
- Bilt Rewards Mastercard
- Chase Freedom Flex
- Citi Premier
- Citi Prestige
- Citi Executive Aadvantage World Elite Mastercard
- Citi Aadvantage Platinum Select World Elite
- Virgin Atlantic World Elite Mastercard from Bank of America
- Hawaiian Airlines World Elite Mastercard from Barclaycard
Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities.
Chase Sapphire Preferred® Card
The Chase Sapphire Preferred® Card went through a major refresh in 2026 adding new bonus categories, travel protections, statement credits, and remains one of the best travel starter cards in the market. It earns Premium Ultimate Rewards that can be transferred into over a dozen partners many of which are US based including Hyatt, Southwest, United, IHG, and Marriott. Note that Hyatt is now a 4:3 transfer partner
Welcome Offer
Earn 100,000 bonus points after you spend $5,000 on purchases in the first 3 months from account opening
Annual Fee
$95
Points Earned
Transferrable Chase Ultimate Rewards
Earn
- 5x on all travel purchased through Chase Travel℠
- NEW ACCELERATED EARN CATEGORY: 3x points on gas and EV charging
- NEW ACCELERATED EARN CATEGORY: 3x points on vacation homes at top brands
- Cardmembers will earn 3x points on vacation homes at these top brands: Airbnb, Vrbo, Plu Guide, HomeAway, Homestay.com and Vacasa.
- 3x on dining, including eligible delivery services for takeout & dining out
- 3x on select streaming services
- 3x on online grocery purchases
- (excluding Target, Walmart and wholesale clubs)
- 2x on all other travel
- 1x on everyday purchases
- 5x points on Lyft rides Earn 5x total points on eligible Lyft rides including ride share, bike and scooter rides and subscription and membership products through September 30, 2027.
- 5x total points on Peloton equipment Earn 5x total points on eligible Peloton equipment and accessory purchases over $150 through December 31, 2027.
Benefits and Credits
- $100 Annual Chase Travel Hotel Credit via Chase Travel℠
- NEW: $120 Global Entry, TSA PreCheck or NEXUS fee credit Cardmembers will receive one statement credit of up to $120 every four years as reimbursement for the application fee charged to the card.
- NEW: Complimentary Apple TV subscription for one year
- Points are transferrable to 14 Ultimate Rewards partners
- No foreign transaction fees
- Suite of Travel and Purchase Coverage
- Auto Rental Collision Damage Waiver is my favorite
- Complimentary DashPass which unlocks $0 delivery fees & lower service fees for a min. of one year when you activate by 12/31/27. Plus, a $10 promo each month on non-restaurant orders
We keep an up to date spreadsheet that lists the best ever offers: You can find that spreadsheet here.
Historically 80k is a very, very good offer and hit in both 2022 and 2023. In 2021, we saw the offer hit an all time high of 100k. Who knows if that will ever come back.
Main Cast:
Cards that earn flexible points and should be used on the bulk of your purchases.
Supporting Cast:
Cards that earn fixed points in the currency of the airline/hotel and can not be transferred at attractive rates. These cards yield benefits that make it worth keeping, but not necessarily worth putting a lot of your everyday spend on.
The Chase Sapphire Preferred® Card is great starter card and offers transferrable Ultimate Rewards, and pairs well with other Chase cards.
If you carry this card alongside Chase’s cashback cards like the Chase Freedom Flex® and Chase Freedom Unlimited® or the business versions: Chase Ink Business Cash® , Chase Ink Business Unlimited® you can combine the points into the Sapphire Preferred account and transfer into hotel and airline partners
Annual fee remains quite low at $95 a year and if you use the $100 Annual Chase Travel Hotel Credit via Chase Travel℠ you’ll wipe out that annual fee every year. It has great bonus categories and other useful statement credits to enhance your travel.
One thing that is a bummer is Chase lowered the transfer ratio to World of Hyatt from 1:1 to 4:3.
The responses below are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved, or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.